Inovance opens two stock option exercise periods

Shenzhen Inovance Technology will begin the third exercise period for 2,819,288 stock options granted to 750 eligible participants under its sixth phase equity incentive plan. These options, with an exercise price of 59.90 yuan per share, constitute 0.1046% of the company's current total share capital. The exercise window for this period runs from September 8, 2025, to August 11, 2026, utilizing an autonomous exercise model.

Concurrently, the company also announced the commencement of the second exercise period for 371,727 pre-granted stock options. These options are allocated to 225 eligible participants, also at an exercise price of 59.90 yuan per share, representing 0.0138% of the company’s total share capital. This period for the pre-granted options will also open on September 8, 2025, and close on August 7, 2026, similarly operating under an autonomous exercise model.

Both exercise events, approved on August 22, 2025, and publicly disclosed on August 26, 2025, have completed regulatory checks. Proceeds from the exercises will bolster the company's working capital, with participants responsible for their individual income tax obligations. The company emphasizes that the chosen autonomous exercise method will not impact the valuation or accounting treatment of the stock options, as fair value was determined at the grant date.